Almudena Fernandez Luis Felipe Lopez-Calva UNDP Regional Bureau for Latin America and the Caribbean London, 9 November 2009 Transitory Shocks, Permanent.
Chapter 12 The Great Depression. Chapter Introduction This chapter will cover the causes of the Great Depression, its impact on Americans, and Herbert.
Discuss the weaknesses in the economy of the 1920s. Explain how the stock market crash contributed to the coming of the Great Depression. Describe how.
Flexibility
Herbert Hoover – former Secretary of Commerce and Republican candidate for President in 1928 speculation – when investors gamble that stock prices will.
Objectives
Chapter 24
